Amount of BTC shorted on BITFINEX up ~440% over the weekend.. Cause for concern..?
Strong signs of shorts here.
- GOLD has created a double top on the 4-hour timeframe. - GOLD has rejected weekly resistance twice. - GOLD retraced to the 50 FIB extension and lines up to the -68 extension perfectly for TP's. - Gold created an evening star variation on the daily timeframe.
- Gold finally broke structure yesterday and reached weekly resistance. - Gold hasn't had a daily pullback in 16 days, overdue for a higher timeframe retracement. - I believe gold will come down to retest the 1887 structure level, however we have to wait and see if it will break it to the downside for long-term sells. - The DXY has created a triple bottom, showing...
I think based on technical this company will squeeze to 10$ plus.
- GU has been ranging for a few weeks, set your TP within the range. - GU reached monthly resistance and needs a deep pullback before it can break it. - Friday's daily candlestick closed as a hanging man, which is a bearish reversal signal. - GU is currently creating a double top on the 1-hour timeframe. - We need to wait for GU to break 1.41000 (daily support) to...
- GJ has reached 156 weekly resistance and needs a deep pullback before it can break it. - GJ is currently creating an evening star on the daily timeframe, which means GJ will be bearish for a while. - GJ is due for a higher timeframe retracement. This is a short intraday move for roughly 60 pips!
As stated in the title, this is my simplisitc way of marking my charts. Im bias this week for a bulls run but as always I cover both sides to be prepared for both ways. follow this chart for the week and let me know your results!
**Economics**: Human capital: The accumulated knowledge and skill that workers acquire from education, training, or life experience and the corresponding present value of future earnings to be generated by said skilled individual. You're currently accumulating alot of HC when you read GME and AMC DD.
If they're using bots and shills to comment on YouTube and DM you, you know you're winning!
- AU has been consolidated for the past month so set your TP's within the range. - We need to wait for AU to break 0.77000 for a big move to the downside. - The DXY has created a triple bottom and is showing signs of strength. - AU has created a head and shoulders on the 4-hour timeframe. - AU has been bearish since February, my bias is sells.
AMEX:SPY Institutions doing their best to get rid of tiktok and youtube traders one gamma squeeze at a time. Good luck hedgies, we are actually with you on this one...
- GU has reached monthly resistance, it's unlikely to break it without a deep pullback. - GU has created a double top on the 4-hour and weekly timeframe. - The DXY has created a double bottom and is showing signs of strength. - GU hasn't had a weekly pullback in 6 weeks so it's due for a higher timeframe retracement. I think this is the beginning of a long-term...
- GJ has created a head and shoulders pattern on the 4-hour timeframe. - GJ has created a doji on the weekly timeframe, displaying signs of a reversal. - GJ hasn't had a daily pullback in 21 days, it's overdue for a higher timeframe retracement. - The JXY has created a double bottom, showing signs of strength. I believe GJ will be bearish for the next week or...
- EU has created a double top on the 4-hour timeframe. - EU has reached monthly resistance but needs a deep pullback before it can break it. - The DXY has created a double bottom showing signs of strength. I predict EU will be bearish for the next few weeks, my bias is sells. Let me know if you agree or disagree with my analysis in the comments.
From the Berish pressure we seen last week, we can expect to see some more bears come into play. If we see a clean break below the support with a clean retest of that area as resistance then we can look to see her down into the next zone.